L.R. NO. 0338-02
BILL NO. SB 102
SUBJECT: Department of Labor and Industrial Relations; Prevailing Wage
TYPE: Original
DATE: December 18, 2000
Net Effect on All State Funds
FUND AFFECTED
FY 2002
FY 2003
FY 2004 None
$0
$0
$0
Total Estimated
$0
$0
$0
| FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
| None | $0 | $0 | $0 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
| Local Government | Unknown | Unknown | Unknown |
Numbers within parentheses: ( ) indicate costs or losses
This fiscal note contains 2 pages.
ASSUMPTION
Officials from the Department of Labor and Industrial Relations assume the proposed legislation would have no fiscal impact on their agency.
Oversight assumes the proposed legislation could allow local governments to reduce labor costs for capital projects.
FISCAL IMPACT - State Government FY 2002 FY 2003 FY 2004
$0 $0 $0
| FISCAL IMPACT - Local Government | FY 2002 | FY 2003 | FY 2004 |
| Savings - Local Government | |||
| Labor Costs | Unknown | Unknown | Unknown |
FISCAL IMPACT - Small Business
Small businesses in the construction industry could be affected by this proposed legislation.
DESCRIPTION
The proposed legislation would allow any political subdivision located in or comprising any county with an assessed valuation of less than three hundred million dollars to become exempt from the state prevailing wage, upon approval by the voters of such political subdivision.
This legislation is not federally mandated, would not duplicate any other program, and would not require additional capital improvements or rental space.
SOURCES OF INFORMATION
Department of Labor and Industrial Relations
Jeanne Jarrett, CPA
Director
December 18, 2000